Shenyu Communication Technology Inc.’s Net Profit Dropped 11.3% in First Three Quarters of 2023

Shenyu Communication Technology Inc. (神宇通信科技股份公司) (300563.SZ) reported a net profit of 40.1 million yuan in the first three quarters of 2023, down 11.3% year-on-year.

Meanwhile, the company posted 541 million yuan in revenue, down 10.6% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 222 million yuan in total liabilities, with a liability-to-asset ratio of 18.3%.